The internationally set up companies will continue to grow with the customer markets. Others will follow or becoming part of bigger organizations.
Dr. Michael Schuerenkraemer, Managing Director at Trützschler GmbH & Co. KG, talks about the various factors driving change in the global textile machinery industry with Fibre2Fashion Correspondent Ilin Mathew. Synopsis: The Truetzschler Group is a specialist in fiber preparation for the yarn spinning and nonwovens industries. The company has its manufacturing units in six countries around the world. Dr. Eng. Michael Schürenkrämer joined TRÜTZSCHLER GMBH & CO. KG in 1986 as Assistant to the Management. Prior to this he successfully spent 2,5 years at the Deutsche Babcock AG, Oberhausen as Management Trainee and as Deputy Project Manager for a power plant. He completed his graduation in 1984 in Engineering with additional studies of Business Administration. Excerpts:
Trutzschler, the company which began as a metal working shop in 1888, is now a pioneer in textile machinery making. A lot has changed in the textile machinery sector in the last 125 years. Is there anything that is still the same in the industry?
According to the company, the most important factors for the development of Trutzschler over the course of 125 years have been, and still are, high innovative strength, close customer relations, good service, long-term success orientation, and the flexibility of a family-owned company. Can you explain it further?
Can you let us know about the landscape of textile machinery market and its growth prospective in the coming years?
Do you agree that the major drivers of textile machinery market is the growth in the Automotive and Residential Construction industries as textiles are mainly used in the manufacture of upholstery in homes and vehicles? Can you elaborate on it?
Seeing the growing competition from Chinese textile machinery manufacturers, do you think that the industry will remain a viable business in Germany and other countries in near future? Why?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.